Unplugged: Dozens of Minnesota RadioShack stores may close - Bring Me The News

Unplugged: Dozens of Minnesota RadioShack stores may close

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Can you hear that? It's a chorus of "I told you so" in the retail world following word that RadioShack is in bankruptcy negotiations.

The long-troubled electronics chain is reportedly in talks to sell half its stores and shutter the remaining locations, a deal that could affect dozens of Minnesota stores, including 38 in the Twin Cities, the Minneapolis / St. Paul Business Journal reports.

But there may be a glimmer of hope if you live in the metro and still rely on RadioShack for batteries, computer cables and gadgets.

Bloomberg report says Sprint and RadioShack have discussed "co-branding" the stores. The website adds there's also the possibility that "another bidder" could swoop in, buy the troubled chain and keep it running.

Yet another possibility: The Verge writes Amazon.com is also in talks with RadioShack to buy some of its locations. This comes as the online retailer is reportedly considering venturing into the brick-and-mortar world.

Verge says the RadioShack stores would likely serve as Amazon's showrooms, as well as pick-up and drop-off centers for online customers.

Whatever the outcome, it's likely the end of a very long era – RadioShack's been around 94 years – but something experts had seen coming.

Slate says "just about no one will be surprised" if and when the chain vanishes or liquidates. The site humorously notes that it's fun to ask "How is RadioShack still in business?"

That question may soon go the way of electronics chain.

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